Platinum has quietly outperformed every major metal in 2025—up nearly 50% and still gaining.

But here’s what’s shocking: even after that rally, platinum trades at nearly half the price of gold.

That massive gap opens a strategic window.

Why Platinum’s Low Price Could Mean High Upside

Historically, platinum used to be more expensive than gold. Today, it’s the opposite. As of early December 2025, gold sits above $4,000 per ounce—while platinum hovers around $2,100.

Yet platinum has much tighter supply. Annual mine output is less than 7 million ounces globally, and over 70% of that comes from just one country: South Africa.

The World Platinum Investment Council says supply deficits could persist through 2029, with demand expected to outpace production by over 700,000 ounces per year.

Why? Because platinum isn’t just for jewelry anymore.

New clean energy technologies—especially hydrogen fuel cells—are fueling platinum’s resurgence. Truck makers are shifting toward hydrogen power, and platinum is essential in the catalytic systems that make those vehicles work.

At the same time, Japanese jewelry demand is soaring. And auto makers still rely on platinum for pollution control in diesel engines.

That adds up to strong, diversified demand… and very little wiggle room on the supply side.

How Platinum Can Strengthen Your Metals Portfolio

So what does this mean for gold holders?

You don’t have to choose between gold and platinum. In fact, combining the two could be one of the smartest portfolio moves for 2026.

Financial advisors increasingly recommend a 5–10% platinum allocation inside a broader precious metals strategy. Gold gives you long-term protection and stability. Platinum adds an aggressive upside kicker—with much higher volatility, yes, but also much more potential gain per dollar invested.

You can get exposure through platinum coins and bars from trusted mints, or through select ETFs that track the metal’s price directly. For even more leverage, some investors use platinum mining stocks—but those carry added risk.

The key takeaway is this: platinum isn’t a gold replacement. It’s a gold booster.

By adding a small slice of platinum to your stack, you’re diversifying your inflation hedge, participating in a separate supply-demand cycle, and positioning yourself to benefit from the next wave of industrial adoption.

Last time, we looked at how central banks are quietly supporting gold prices through record buying. Next time, we’ll explore how precious metal IRAs let retirees hold gold, silver, and platinum tax-deferred—without losing control of their assets.